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BUSINESS MODEL

OUR BLUEPRINT TO RESILIENCE

INPUTS

Financial Capital

Total capital employed₹172,602 million

Net debt equity ratio0.17

Capex₹6,144 million

Intellectual Capital

R&D spending₹581 million

R&D spend as a % of revenue0.65%

Patents filed till date139

R&D teams’ strength179

Manufactured Capital

Number of plants in India6

Material cost₹35,922 million

Manufacturing costs₹12,141 million

Human Capital

Total employees4,354

Employee benefit expense₹6,366 million

Training hours per employee21.92

Natural Capital

Renewable energy % of electricity consumed from85.11 MW

renewable resources37%

No. of trees planted344,574

Social And Relationship Capital

CSR spending₹ 245 million

Total volunteers3,000

VALUE CREATION

Sources That Enable Our Value Creation

Deep culture of innovation for technology and product differentiation

Deep and nurtured relationships

Technical know-how of people

Robust forging competence supported by Industry 4.0 excellence

Vertically integrated model with end-to-end capabilities

Value Creation Model And Principal Activities

OUTPUTS

260,415 tons

Total tonnage

Key Segments And Products

Automotive

Commercial Vehicles

Passenger Vehicles

Industrial

Power and Oil & Gas

Wind

Rail

Marine

Aerospace

Construction and Mining

Defence

Agriculture

OUTCOMES

SDGs IMPACTED

Financial Capital

Total income₹88,437 million

EBITDA₹25,237 million

PAT₹13,223 million

Dividend per share (Interim + Proposed)₹8.5

RoCE (Net of Cash)18.1%

RoNW12.1%

Intellectual Capital

Process improvement17

Product improvement11

New products developed57

Technical Papers published & presented3

Manufactured Capital

Tonnage shipped260,415

Auto revenues53%

Industrial revenues47%

Leading manufacturer of powertrain and chassis components

Human Capital

Employee productivity (Revenue per employee)₹20.31 million

Lost time injury frequency rate0.44

Natural Capital

Wastewater recycled100%

GHG emission avoided by use of RE (tCO2e)107,191

Usage of recycled water in operations41%

Social And Relationship Capital

Lives touched through CSR303,739

Women empowered3,790

Students benefited36,545